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ARDEN HILLS TRUTH-IN-TAXATION - DECEMBER 7,1998 4 . highest was Intergovernmental revenues which are mainly the result of State Fire Relief Aid, MSA maintenance, and HACA. Slide #10, General Fund Expenditures/Transfers Out, explains the distribution of the proposed expenditure total of $2.5 million dollars. Slide #11, Summary Comparison of General Fund Revenues, Expenditures, and Operating Transfcrs, provides historical information on the General Fund proposed revenue and expenditures from 1994 to 1999, The information reflects a balanced budget and an overall reduction in proposed 1999 expenditures of approximately $20,000, The levy increase was due to the cost of a variety of items going up, The Police Protection Contract had been proposed to be increased by $21,120 and the Fire Protection Contract was proposed to be increased by $18,653, Additionally, the Protective Inspection and Administrative costs are proposed to increase for 1999 due to the City Council's commitment to the next phase of TCAAP planning analysis and implementation, This has caused Staff increases and some reallocation of administrative costs, Slide #12, Proposed Capital Budget Summary, explains the General Fund capital items which are funded by property tax dollars, One significant item being funded under the General Fund #101 was the City's annual financial commitment to the Pavement Management Plan. Additionally, . within the General Fund, there had been a philosophy shift over the last two years regarding the replacement of playground equipment. Prior to 1997, these replacement costs were funded by the Park Fund, Since 1997, these replacement costs have been funded by the Park Maintenance Budget as a capital item, The Park Fund includes a significant project which was the completion of the County Road F lraillinkage at a cost of $115,000, The City had been awarded a $50,000 DNR grant to help fund this project. A large expenditure item within the Governmental Funds category was the new City Hall facility. The construction for this project was budgeted at $2 million dollars. Additionally, there was the Maintenance Garage Facility Planning budget of $50,000. Another significant item involves the EDA Projects/Activities expenditures. The City issued a General Obligation TIF bond in 1998. These proceeds are being utilized primarily for the reconstruction of 14th Street and the related public utility costs, as well as the West Round Lake Road/Highway 96 intersection project. Slide #13, Summary Comparison of All Funds Expenditures/Transfers Out, reviews the proposed 1999 expenditures for the General Fund as well as the other funds under which the City operates. The Community Services Fund depicts an increase in spending of $196,945 over the 1998 budget. This was due to the transfer to the TCAAP Reuse Planning Fund to fund the . implementation phase ofthe TCAAP project. The reduction in the Cable TV Fund from 1998 to 1999 was due to the fact that the City Hall construction budget was part of the 1998 budget. This construction had not proceeded on